Orexo strengthens its sustainability work by establishing a social financing framework
UPPSALA, Sweden, March 8, 2024 /PRNewswire/ — Orexo AB (publ), (‘Orexo’ or the ‘Company’) (STO: ORX) (OTCQX: ORXOY) today announces that the Company has established a social financing framework dated February 2024 (the ‘Social Framework’), which enables Orexo to issue social bonds and potentially raise social loans, as well as other type of debt instruments (together the ‘Social Financing Instruments’). The proceeds from any Social Financing Instrument will be used to finance and refinance, in whole or in part, future projects aimed at improving access to healthcare services for the treatment of substance use disorders and other related mental health issues, which are expected to deliver positive social impacts.
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